Marc Faber 20 Percent Inflation Coming Soon

Marc Faber predicts Hyperinflation soon

Dr Doom editor and publisher of The Gloom, Boom & Doom economic report Marc Faber predicts we'll soon have inflation of 10 to 20 percent.
"The numbers will rise so fast because the government "massively" understates the country's inflation rate" Marc Faber said
Marc Faber puts in doubt the official inflation numbers "It's a lie what they publish," he told CNBC.

"If you underweight education costs, and if you underweigh health care costs, then you come to a totally different result," he added.
"Since the creation of the Federal Reserve Bank in 1913, the dollar has lost 95 percent of its purchasing power" Faber said.

“It took 100 years to lose 95 percent (but) I think the next 94-percent loss in purchasing power will happen very quickly,” he said.